Fuel Fix

(Photo by Eddie Seal for Bloomberg News)

U.S. oil rig count jumps up by a dozen, the first increase in 2015

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The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.

U.S. oil rig count jumps up by a dozen, the first increase in 2015

on
(Photo by Eddie Seal for Bloomberg News)
The amount of U.S. rigs drilling for oil increased for the first time this year after 29 consecutive weeks of declines.
(AP Photo/Gerald Herbert, File)

BP to settle Deepwater Horizon claims for $18.7 billion

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BP has agreed to pay a record $18.7 billion to settle the federal and state claims against it for its role in the Deepwater Horizon oil spill, sidestepping years of litigation with a promise to pour funds for nearly two decades into efforts to repair vast environmental damage in the Gulf region.
Categories: featured, Gulf oil spill

    Jeff Allyn, a derrick hand with Raven Drilling, pauses with a cup of coffee while drilling for oil in the Bakken shale formation on July 23, 2013 outside Watford City, North Dakota. (Andrew Burton/Getty Images)

    Shale drillers’ safety net is vanishing

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    SandRidge, the Oklahoma City-based producer, had about 90 percent of its oil and natural gas liquids output hedged in early 2015, according to a regulatory filing. Next year, the hedges cover less than a third.
    Categories: featured, Shale

Ten Reasons Why Coal Is Here to Stay

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Despite the anthracitical fuel being the red-headed stepchild of the energy complex, talk of coal’s demise would appear misplaced. Coal has historically been, and is currently, the leading fuel in the US power generation mix.
Categories: Coal
Bill Ford

Ford’s radical fuel-efficient F-150 is talk of auto show

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The change is Ford’s response to small-business owners’ desire for a more fuel-efficient and nimble truck — and stricter government requirements on fuel economy.
Categories: Transportation

Lucas Hunter from Pittsburgh, walks to his hotel along Camp Road in Hamburg, N.Y. after a stretch of the New York State thruway  was closed down due to high winds Tuesday, Jan. 7, 2014. (AP Photo/The Buffalo News, Harry Scull Jr.)

Polar vortex, winter storm predictions push up natural gas prices

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Predictions of a possible severe weather storm in the Northeast at the end of the month is pushing forward natural gas prices up, according to a Platts webcast discussion Monday morning.
Categories: Electricity, Natural gas
Earthquake2-DaveSchumaker-flickr

Are injection wells helping spark Texas quakes?

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The widespread use of hydraulic fracturing to extract natural gas and oil from shale formations has increased the need for disposal wells, which are used to send wastewater deep underground. And there is some evidence they can cause quakes.
(AP Photo/Skagit Valley Herald, Scott Terrell)

New regulations for oil on rail cars to come in 2015

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Regulations that could force oil companies to use stronger rail cars to move crude will likely be ready in 2015, according to a schedule published Tuesday by the U.S. Department of Transportation.
court_gavel

Anadarko unit pushes court to slash billions from its liability in Tronox case

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Investors boosted Anadarko Petroleum’s market value by $1.4 billion on Tuesday, a day after the company’s Kerr-McGee unit pushed back on a federal court’s ruling that it owes up to $14 billion in environmental and tort liabilities.
Crewmen work a site for TransCanada's Keystone XL project in Wood County, Wednesday, Oct. 24, 2012, in Winnsboro. (Cody Duty / Houston Chronicle)

Consumers, Environment Benefit from Efficient Infrastructure

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Our nation’s infrastructure is no longer able to efficiently deliver energy to our nation’s consumers. Bottlenecks and aging systems result in efficiency losses, driving up the ultimate cost to the consumer. Identifying the root of the problem isn’t hard. We know excess oil in North Dakota or wind power in Iowa does not have sufficient […]